S0901: Taxation; income, max tax on boats, job development credits

Legislative Summary

Amend Section 12-6-3775, Code Of Laws Of South Carolina, 1976, Relating To A Solar Energy Income Tax Credit, So As To Provide For Certain Pass Through Provisions, To Repeal Section 4 B. Of Act 77 Of 2019 Relating To The Repeal Of Section 12-6-3775; By Adding Section 12-36-922 So As To Provide For Certain Accommodations Tax Return Requirements; To Amend Section 12-36-2110, Relating To The Maximum Tax, So As To Add Watercraft Motors; By Adding Section 12-6-3710 So As To Provide For Income Tax Credits For Certain Employers; To Amend Section 12-10-30, Relating To Enterprise Zone Act Definitions, So As To Define "related Person"; To Amend Section 12-10-80, Relating To Job Development Credits, So As To Allow A Qualifying Business To Designate Certain Related Persons To Determine Whether Certain Qualifications Are Met. - Ratified Title